Residential Fourplex with
7811 NE 10th Ct Miami, FL 33138
7811 NE 10th Ct, Miami, FL, 33138
Contact for pricing
For Sale
Contact for pricing
Four residential units, each with a private patio, included parking, and furnished interiors.
Property Size3,081 SF
Price / SF$503.08
Days on Market106
Property Features for 7811 NE 10th Ct
General Information
- Standard status
- Active
- Size
- 3,081 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1949
Listing agency
Abemar Beltran P.A
(786) 487-1648
Listed by
Abemar Beltran · License #3141326
Source
Crexi
Added: Apr 8 Updated: Jul 21 at 12:15AM Checked: Jul 21 at 12:15AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Abemar Beltran P.A
Investment Insights
Based on property information with market context.
This residential fourplex offers four separate units in a functional layout, with private patios for each unit. The units are being sold furnished, which can simplify immediate occupancy and ongoing operations.
The property is located at 7811 NE 10th Ct in Miami, FL, and is described as being just 10 minutes from beaches and restaurants. The offering includes parking, and the public remarks state there are no rental restrictions.
Overall, this is a four-unit income property with private outdoor space and parking in place for each unit.
The property is located at 7811 NE 10th Ct in Miami, FL, and is described as being just 10 minutes from beaches and restaurants. The offering includes parking, and the public remarks state there are no rental restrictions.
Overall, this is a four-unit income property with private outdoor space and parking in place for each unit.
Key Highlights
- Residential fourplex built in 1949 with 4 residential units
- Each unit has a private patio
- Units are furnished and include parking
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $94.3k | $30.60 |
| − Vacancy | −$6.0k | −$1.95 |
| EGI | $88.3k | $28.65 |
| − OpEx | −$26.5k | −$8.60 |
| NOI | $61.8k | $20.06 |
3,081 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$882.7K
$772.4K – $1.03M
NOI $61,791 @ 7.0% cap · market cap 3.99%
Second Best
Apartment 5plus
$813.1K
$711.5K – $948.6K
NOI $56,917 @ 7.0% cap · market cap 3.67%
Theoretical Best
Specialty Retail
$2.08M
$1.82M – $2.43M
NOI $145,579 @ 7.0% cap · market cap 9.39%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Four residential units, each with a private patio, included parking, and furnished interiors.
Where is this quadplex located?
The property is located at 7811 NE 10th Ct Miami, FL.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: Residential fourplex built in 1949 with 4 residential units; Each unit has a private patio; Units are furnished and include parking
